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Sandy Toes, Solid Profits - Beachside MR in the heart of Broadbeach awaits! | Resort Brokers ID : MR008170
Expressions Of Interest
Resort / Holiday Management Rights, Broadbeach QLD
ResortBrokers presents an excellent Management Rights opportunity in the heart of Broadbeach.
Just two minutes stroll from the beach, this property offers modern, air-conditioned apartments and resort-style amenities including a heated pool, spa, and barbeque area.
With a solid 4.0 rating, it's a proven favourite among guests.
The spacious 2-bedroom manager's unit and attached office streamline operations, offering a lifestyle balance.
This property is not just a business, but a gateway to a dream lifestyle and a fantastic opportunity for growth.
- Beachside location in the heart of Broadbeach– walk to everything
- Topped up 23-year agreements (Accommodation Module)
- Solid $73,248 Body Corporate salary
- 28 properties in letting pool
- Modern two bed& two bath manager’s residence plus office
- Plenty of storage areas
- Easy to manage resort facilities
- Perfect business for first time operators or solo owner
- Great ROI with further growth opportunities
- No requirement to live onsite
- Property inspections are by appointment only
Date updated: 05 Jan 2025 22:00:02
More Information
- Total Purchase Price: Expressions Of Interest
- Net Income: $ 401,909
(actual)
This is the combined total income acheived by the business after expenses, before tax. - Included Real Estate: $ 850,000
The value of on-title property included with the business. Its price is included in the Total Purchase Price. - Multiplier: undisclosed
Estimated number of years till the Net Income reaches the Purchase Price of the business component. Other factors such as lifestyle, workload, location and offering should always be considered ahead of the multiplier when evaluating a Management Rights business.
Number of units the manager is authorised to manage.
Number of units resided in by their owners.
Number of units owners are not renting out, but also do not live in.
Number of units being rented by other agents (these could potentially be acquired by the manager).
The total number of units within the complex.
This is the body corporate caretaker salary. It is included in the Net Income above.
How long is the caretaking contract.
How long remains on the caretaking contract before it must be renewed?
How long has the management rights existed.
Required Office Hours
The value of on-title property included with the business. Its price is included in the Total Purchase Price.
Is there a manager's office included on the title?
Can the manager own a pet on site?